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Multifield International Holdings Limited ( (HK:0898) ) has issued an update.
Multifield International Holdings Limited has issued a supplemental announcement to its earlier profit warning, providing more specific guidance on its expected results for 2025. The company, incorporated in Bermuda and listed in Hong Kong, highlights a sharp reversal from profitability in the previous year without detailing operational drivers in this release.
The group now expects to post a loss attributable to owners of between HK$580 million and HK$660 million for 2025, compared with a profit of about HK$235 million in 2024. This swing into substantial loss has prompted the board to caution shareholders and potential investors to exercise care when dealing in the company’s shares, underscoring heightened financial risk and uncertainty around near-term performance.
The most recent analyst rating on (HK:0898) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Multifield International Holdings Limited stock, see the HK:0898 Stock Forecast page.
More about Multifield International Holdings Limited
Multifield International Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 898. The group operates through various subsidiaries, though this announcement does not specify its particular industry segment, primary products, or key markets, focusing instead on its financial performance disclosure obligations.
Average Trading Volume: 31,862
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$928M
For detailed information about 0898 stock, go to TipRanks’ Stock Analysis page.